The application of the “eight corners” rule to an insurers duty to advance defense costs in a “Directors and Officers” context. UP presented arguments to the court to show how the carriers position would defeat the purpose of D&O coverage.
Pendergest-Holt, Laura, Stanford, R. Allen, Lopez, Gilbert Jr. and Kuhrt, Mark vs. Certain Underwriters at Lloyd’s of London and Arch Specialty Insurance Company
Court U.S. Court of Appeals, 5th Circuit
Case Number 10-20069 (US 5th Cir. Court of Appeals) 4:09-cv-03712 (US Dist. Court for the Southern Dist. Tex.)
- Duty to pay defense costs